Traders Laboratory - View Single Post - Market Analysis for Sept. 25th, 2006
View Single Post
  #6 (permalink)  
Old 09-24-2006, 10:13 PM
ant's Avatar
ant ant is offline
ant has no status.

 
Join Date: Sep 2006
Posts: 293
Thanks: 0
Thanked 3 Times in 1 Post
Re: Market Analysis for Sept. 25th, 2006

Yes, it's possible that the rest of the market is lagging the Dow, but I don't know. If the index divergence were the opposite, i.e. the S&P made lower daily lows and the Dow did not, I would still have made the same analysis. The divergence is still indicating a possible reaction in the opposite direction.


Last edited by ant; 09-24-2006 at 10:17 PM.
Reply With Quote